REAMES "9"
REAMES "9" is a Texas gas lease in Shackelford County, Railroad Commission district 7B, operated by Millennium Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2002 to August 2026, totalling 275,652 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $123K, with roughly $25K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 893 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 4,208 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about REAMES "9"
- Who operates REAMES "9"?
- REAMES "9" is operated by Millennium Operating Company, Railroad Commission of Texas operator number 567486.
- Where is REAMES "9"?
- REAMES "9" is a Texas gas lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 190077.
- Is REAMES "9" still producing?
- REAMES "9" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REAMES "9" is August 2026.
- How much has REAMES "9" produced?
- REAMES "9" has reported 275,652 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2002 and August 2026, from 1 wellbore.
- How much is REAMES "9" worth?
- The remaining production from REAMES "9" is estimated to be worth about $123K in total as of 27 August 2026, within a range of $96K to $151K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REAMES "9" is a fraction of it. The estimate fits an Arps decline curve to the production REAMES "9" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REAMES "9" is an estimate of value, not an offer and not an appraisal.
- How much income does REAMES "9" generate in a year?
- REAMES "9" is forecast to net about $25K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REAMES "9" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Millennium Operating Company |
|---|---|
| Field | Shackelford County Regular (Gas) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 190077 |
| Wellbores | 1 |
| Reported production | 275,652 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where REAMES "9" sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.